(European) QE vs. Gold
renman95
Posts: 7,037 ✭✭✭✭✭
In January the ECB announced an open-ended 60B-Euro/month bond buying program. Will the QE infused Eurozone enjoy the same performance the US Markets have since 2009?
IEV: ETF of the Euro 350 @ 45.29
Gold @ $1,213.10
Which will be higher by September 2016*: QE or Gold?
*First timeline benchmark set by the ECB.
IEV: ETF of the Euro 350 @ 45.29
Gold @ $1,213.10
Which will be higher by September 2016*: QE or Gold?
*First timeline benchmark set by the ECB.
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"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey